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Archive: https://archive.today/pKBBh

From the post:

>A once-dominant tech company is undergoing another mass layoff. Intel is cutting thousands of jobs as it faces mounting pressure from tech competitors in artificial intelligence. The chipmaking giant — which makes processors that power millions of Dell, HP, and Lenovo computers — filed paperwork on July 10 indicating it would lay off nearly 2,400 employees in Oregon. That's a major escalation from just three days earlier, when the company filed WARN paperwork that said only 529 employees were losing their jobs.

Archive: https://archive.today/pKBBh From the post: >>A once-dominant tech company is undergoing another mass layoff. Intel is cutting thousands of jobs as it faces mounting pressure from tech competitors in artificial intelligence. The chipmaking giant — which makes processors that power millions of Dell, HP, and Lenovo computers — filed paperwork on July 10 indicating it would lay off nearly 2,400 employees in Oregon. That's a major escalation from just three days earlier, when the company filed WARN paperwork that said only 529 employees were losing their jobs.

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A very similar thing happened with AMD released their XP series way back in the day. AMD kicked the shit out of all of the intel stuff at the time. They did run hot but they were better and cheaper.

Intel fucked up and let it happen again. That's what happens when you get big fat and lazy and assume you can't have the other guy take ground from you.